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Monday , September 28 2020

Business

‘KOC keen on employing tech in most of its work’

Move to control, reduce costs, improve operations KUWAIT CITY, Sept 27: Kuwait Oil Company revealed that the company is keen on employing technology in most …

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‘Kuwait needs quick reforms’

Al-Anjeri, Korean scholars discuss post-oil, ‘post-Covid’ world status Abdulaziz Al-Anjeri and HE Hong Youngki KUWAIT CITY, Sept 27: A special closed forum was organized with …

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‘KD 1 billion actual fiscal budget deficit per month’

‘Need to develop plan for quick rescue of economy’ KUWAIT CITY, Sept 27: The actual fiscal deficit in Kuwait’s budget is currently about KD 1 …

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Oil is no longer a viable and sustainable financial income option

FOR how will we, as oil producing countries, depend more than 90 percent on oil as our sole source of income for providing and meeting …

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Kuwait’s economy will recover in 2022

Travel restrictions and imposing curfews will slow growth and profitability KUWAIT CITY, Sept 24: The international credit rating agency, Standard & Poor’s (S&P), said that …

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Moodys downgrades NBK and KFH

LIMASSOL, Sept 24: Moody’s Investors Service, (“Moody’s”) has today downgraded National Bank of Kuwait SAKP (NBK) and Kuwait Finance House KSCP’s (KFH), the long term …

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MoSA grants annual financial support to 45 out of 143 NGOs

KD 1 million being granted KUWAIT CITY, Sept 23: The Ministry of Social Affairs, represented by its Non- Governmental Organizations (NGOs) Administration, grants more than …

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PAHW signs partnership agreement for an investment opportunity in Jaber Al-Ahmad Residential City

KUWAIT CITY, Sept 23: Public Authority for Housing Welfare (PAHW) has announced the conclusion of a partnership agreement with a company for an investment opportunity …

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KNPC to implement projects worth KD 1 billion

KUWAIT CITY, Sept 23: Kuwait National Petroleum Company is implementing a huge group of projects in Ahmadi and Mina Abdullah refineries at a total cost …

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KD 54 million annual losses for late delivery of South Saad Al-Abdullah

KUWAIT CITY, Sept 22: Nine members of the Municipal Council affirmed their determination to address the challenges in the South Saad Al-Abdullah housing site, as …

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